You will be redirected back to your article in seconds

Telewest CEO faces ouster

Companies consolidate to compete with BSkyB, BT

LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt.

Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year.

Company’s restructuring is due to be completed in the fall when a new exec is expected to be appointed to manage a possible merger with NTL, Britain’s largest cable operator. Consolidation is necessary if the cable industry is to compete effectively with Rupert Murdoch’s satcaster BSkyB for TV subscribers and BT for telephone customers.

Chairman Cob Stenham is also stepping down, although he may remain on the board.

More Scene

  • Charlie Hunnam and Rami Malek'Papillon' film

    'Papillon': Charlie Hunnam and Rami Malek's New Drama Is 'Somewhat of a Love Story'

    LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt. Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year. Company’s restructuring is due to be completed in the […]

  • Debra MessingProject Angel Food honoring Debra

    'Will & Grace': Debra Messing Talks David Schwimmer's Guest Role

    LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt. Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year. Company’s restructuring is due to be completed in the […]

  • David Harbour'Stranger Things' event, Los Angeles,

    'Stranger Things' Season 3 Is Inspired by 1985's 'Fletch' (EXCLUSIVE)

    LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt. Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year. Company’s restructuring is due to be completed in the […]

  • Jeffrey Katzenberg

    Jeffrey Katzenberg on Oscars' New Popular Film Category Controversy

    LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt. Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year. Company’s restructuring is due to be completed in the […]

  • Ruth Wilson

    'The Affair's' Ruth Wilson Stays Mum on Controversial Exit

    LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt. Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year. Company’s restructuring is due to be completed in the […]

  • CULVER CITY, CA - AUGUST 16:

    'To All the Boys I've Loved Before' Star Lana Condor on Bringing More Diversity to Movies

    LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt. Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year. Company’s restructuring is due to be completed in the […]

  • Samantha Barks, Andy Karl'Pretty Woman: The

    'Pretty Woman' Broadway Cast Recalls Performing for Julia Roberts

    LONDON — Telewest chief executive Charles Burdick could lose his job once the U.K.’s second largest cable operator completes its financial restructuring to reduce its £5.3 billion ($8.7 billion) debt. Burdick, formerly finance chief at Telewest, replaced Adam Singer when he was forced out last year. Company’s restructuring is due to be completed in the […]

More From Our Brands

Access exclusive content